The seal on the back of the RMB is the words "President's Seal".

RMB is issued by the People's Bank of China. The time frame for the circulation of RMB is very long. The governor is the general person in charge, but the appointed bank president does not always remain the same. Therefore, it is impossible to print the seal of the president's real name on the RMB, so the "President's Seal" is symbolically printed on the RMB.

Because the positions of bank personnel will always change, but the service life of each set of RMB itself is difficult to guarantee that the bank head will not change before it is updated, so the RMB only retains the seal and deletes it. signed.

Extended information:

In our country, the seal on the RMB is the seal of the governor. The seal of the president is that of the president and vice president of the People's Bank of China. Signatures or seals not only help prevent currency counterfeiting, but also indicate the legal responsibility of the issuing institution for the banknotes issued. The number of signatures or seals varies from one to two. A few countries or regions use seals (organization seals or personal name seals) for combination.

In the fifth set of RMB issued on October 1, 1999, the seals from 1 yuan to 100 yuan were printed on the back of the banknotes, and the original two seals were changed to only one "President's" seal. Chapter", the "Vice President Chapter" has been removed. All banknotes in the world today require a seal or signature to be valid. Although they are printed, this procedure is indispensable.

Reference material: People's Daily Online - New version of RMB 1 yuan banknote issued today